About Malar Solvent Extraction Private Limited
Data last updated:
Malar Solvent Extraction Private Limited is a private limited company based in Pallathur P.O Pasumpon Dt, Tamil Nadu, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 06 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U15314TN1991PTC021644. Its GSTIN is 33AABCM3385J1ZF (Tamil Nadu).
The company has an authorised share capital of ₹1.54 Cr and a paid-up capital of ₹1.54 Cr. It is led by directors including Palaniandi Pillai Padikkasu (Managing Director) and Periasamy Padikkasu.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 7 2 20 Kunrakudi Road Pallathur P.O Pasumpon Dt Pallathur P.O Pasumpon Dt, Tamil Nadu, India – 630107.
As per the financials filed for FY 2023, the company reported a revenue of ₹108.81 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹69.06 Lakh (net margin 0.6%) and EBITDA of ₹2.03 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 16% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.83 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website malargroup.co.in.
Company details
Contact details
Malar Solvent Extraction Private Limited's registered office is in Pallathur P.O Pasumpon Dt, Tamil Nadu. Its website is malargroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7 2 20 Kunrakudi Road Pallathur P.O Pasumpon Dt Pallathur P.O Pasumpon Dt, Tamil Nadu, India – 630107
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Malar Solvent Extraction Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Malar Solvent Extraction is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Malar Solvent Extraction Private Limited, buy the company report.
Financials of Malar Solvent Extraction Private Limited
FY 2023 filings availableMalar Solvent Extraction Private Limited reported revenue of ₹108.81 Cr (up 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 14% growth in the latest year. EBITDA fell 50% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2.03 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹69.06 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Malar Solvent Extraction Private Limited, buy the company report.
Board of directors of Malar Solvent Extraction Private Limited
Malar Solvent Extraction has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palaniandi Pillai Padikkasu | Managing Director | 06 Nov 1991 | 35 Years 0 Months | Current |
| Periasamy Padikkasu | Director | 04 Feb 2014 | 12 Years 9 Months | Current |
| Padikkasu Balasubramanian | Director | 04 Feb 2014 | 12 Years 9 Months | Current |
Peer comparison
Malar Solvent Extraction Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Solvent Extraction), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Malar Solvent Extraction Private Limitedthis company | ₹108.81 Cr (FY 2023) | ₹69.06 Lakh | 0.6% | 14.0% | 16 | Pallathur P.O Pasumpon Dt, Tamil Nadu, India |
| Kamala Ginning and Oil Industries Private Limited | ₹106.18 Cr (FY 2024) | 20.0% | Secunderabad, Telangana, India | |||
| Shree Sita Solvex Private Limited | ₹102.8 Cr (FY 2025) | 60.0% | Durg, Chhattisgarh, India | |||
| Raigarh Solvent Extraction Private Limited | ₹96.74 Cr (FY 2025) | 98.0% | Dist-Raigarh, Chhattisgarh, India | |||
| Shri Madhur Foods Products Pvt Ltd | ₹94.86 Cr (FY 2025) | 3.0% | Dhule, Maharashtra, India | |||
| Reja Tarapada Solvent Extraction Co. Pvt Ltd | ₹92.84 Cr (FY 2025) | 2.0% | Hooghly, West Bengal, India | |||
| Praksons Extracts India Private Limited | ₹86.65 Cr (FY 2024) | 90.0% | Hubli, Karnataka, India |
To see the full peer comparison of Malar Solvent Extraction Private Limited, buy the company report.
Auditor
Malar Solvent Extraction Private Limited is audited by M.CHINNIAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.CHINNIAH & CO | FY 2023 | 000646S |
Shareholding
The shareholding of Malar Solvent Extraction Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Malar Solvent Extraction Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2022 | 100590109 | Hdfc Bank Limited | ₹1.37 Cr | Open | |
| 31 Oct 2005 | 90289738 | Sundaram Finance Ltd. | ₹10.57 Lakh | Open | |
| 02 May 2002 | 90302195 | Indian Bank | ₹39.9 Lakh | Open | |
| 28 Feb 1994 | 90301871 | Commercial Tax Dept | ₹1.58 Cr | Open | |
| 30 Jul 1993 | 90298530 | Indian Bank | ₹59 Lakh | Open |
To see the full charge records of Malar Solvent Extraction Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Malar Solvent Extraction Private Limited has 4 court cases on record: 2 filed by Malar Solvent Extraction, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dindigul, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| Madras High Court | Court case (WMP(MD)) | Filed by the company against an individual | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Malar Solvent Extraction Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Malar Solvent Extraction Private Limited was last rated by Indiarating on 05 Sep 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 05 Sep 2018 |
To see the full credit ratings and regulatory alerts of Malar Solvent Extraction Private Limited, buy the company report.
MSME payment delays
Malar Solvent Extraction Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 6 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chandra Lubricare | |||
| Angel Fire Safety Equipments | |||
| Tejaslite Lighting Solutions Private Limited |
To see the full MSME payment records of Malar Solvent Extraction Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Malar Solvent Extraction Private Limited has a workforce of 16 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Malar Solvent Extraction has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCM3385J1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Malar Solvent Extraction Private Limited, buy the company report.
Recent activity
Malar Solvent Extraction Private Limited has 6 board changes on record since 1991: 3 appointments and 3 cessations. The latest: Mahalingam Subashchandran ceased to be Director on 01 Jun 2015.
8 earlier events are in the company report.
Frequently asked questions
Malar Solvent Extraction is an active private limited company based in Pallathur P.O Pasumpon Dt, Tamil Nadu, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 06 November 1991 (35+ years old) and is registered under CIN U15314TN1991PTC021644.
Malar Solvent Extraction has 3 current directors:
- Palaniandi Pillai Padikkasu - Managing Director
- Periasamy Padikkasu - Director
- Padikkasu Balasubramanian - Director
The latest financial statements of Malar Solvent Extraction on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Malar Solvent Extraction is 33AABCM3385J1ZF, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Malar Solvent Extraction is U15314TN1991PTC021644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malar Solvent Extraction has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Malar Solvent Extraction was incorporated on 06 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Malar Solvent Extraction by revenue are Kamala Ginning and Oil Industries Private Limited, Shree Sita Solvex Private Limited, Raigarh Solvent Extraction Private Limited, Shri Madhur Foods Products Pvt Ltd, Reja Tarapada Solvent Extraction Co. Pvt Ltd and 1 more, all in the Chemicals industry (Solvent Extraction), with the same principal business activity (food, beverages and tobacco products).
Mahalingam Subashchandran ceased to be Director on 01 Jun 2015. Sahul Hameed ceased to be Director on 07 Feb 2014. Subbiah Ganesapandian ceased to be Director on 07 Feb 2014. Malar Solvent Extraction has 6 board changes on record in total.
Malar Solvent Extraction has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 6 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 Dec 2019.
Malar Solvent Extraction can be reached through the website malargroup.co.in. Its registered office is in Pallathur P.O Pasumpon Dt, Tamil Nadu, India.
The registered office of Malar Solvent Extraction is at 7 2 20 Kunrakudi Road Pallathur P.O Pasumpon Dt Pallathur P.O Pasumpon Dt, Tamil Nadu, India – 630107.
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